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2400 Conejo Spectrum sold for $14.9 million. (courtesy photo) Commercial real estate firm Newmark announced Dec. 12 that it has arranged the $14.9 million sale of 2400 Conejo Spectrum, a vacant 98,841-square-foot commercial building in Thousand Oaks, to Ventura County. The Ventura County Fire Department will use the building for its administrative headquarters. Newmark, based
Goleta’s new battery storage facility, located at 6864 Cortana Drive, was dedicated Dec. 1. (courtesy photo) GridStor, an Oregon-based developer and operator of grid-scale battery energy storage systems, dedicated its new Goleta facility on Dec. 1. It’s the newest such facility in California and the largest power source in Santa Barbara County. The 60 MW/160
With the stock market hitting the pause button — for the most part — as we head into December, it’s hard to know whether it’s the doomsayers or the Santa Claus rally squad who will prevail. But as we wind up a topsy-turvy 2023 with the S&P 500 within 5% of its all-time high of
An arbitrator has awarded more than $155 million to a Florida-based mortgage services firm over alleged unauthorized use of its confidential information by Westlake Village-based mortgage lender PennyMac Financial Services. The Florida company, Black Knight Servicing Technologies, provides electronic mortgage services and software to the mortgage industry. PennyMac is a former client of Black Knight.
A study conducted by MyeLearningWorld, a site focused on providing online instruction to people, found that over 2.1 million fewer students are enrolled in college now than a decade ago, a 12.8% decline. As a result, the report, published on Oct. 23, found that the decline of college enrollment has had a massive economic impact.